Bitcoin’s (BTC) Price Plunge to $60.5K Triggers $290M in Liquidations Amid Market Volatility
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Bitcoin (BTC) experienced a significant price drop during US trading hours on Friday, falling from $65,000 to around $60,500.
This decline led to substantial liquidations, amounting to nearly $290 million.
Market volatility played a major role in this price movement and the subsequent financial impact.
The sudden change in Bitcoin's price has raised concerns and reactions within the cryptocurrency community.
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